Professional
Added to YB: 2024-12-19
Pitch date: 2024-12-17
BGEO.L [bullish]
Lion Finance Group PLC
+106.37%
current return
Author Info
Meditation Capital is a global long-only fund with a focus on investing in quality companies with exceptional products. Their goal is to generate high rates of return while striving to continually maintain safety of principal. Sign up for the newsletter.
Company Info
Lion Finance Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets.
Market Cap
GBP 7.4B
Pitch Price
GBP 45.04
Price Target
N/A
Dividend
5.20%
EV/EBITDA
N/A
P/E
3.11
EV/Sales
N/A
Sector
Banks
Category
value
Meditation Capital Portfolio Holding: Bank of Georgia Group PLC
BGEO.L: Bank of Georgia 37% ROE (low 30s normalized), 76% return since June '23. 1.1x P/B, 3.5x P/E. Ameriabank acquisition +20% BV. Superapp NPS 67. CEO targets FTSE 100. Georgia: high GDP growth, low inflation, strong currency. Political turmoil risk. Long-term positive on BGEO & TBC in fast-growing economy.
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